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Monday Sector Laggards: Energy, Services

Forbes - 22 Aug 2016 20:44
Monday Sector Laggards: Energy, Services Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 1.7% loss. Within that group, Marathon Oil Corp. (NYSE: MRO) and Transocean Ltd. (NYSE: RIG) are two large stocks that are lagging, showing a loss of 7.5% and 3.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (AMEX: XLE), which is down 1.1% on the day, and up 16.91% year-to-date. Marathon Oil Corp., meanwhile, is u...
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